Monday , 2 October 2023

U.S. Dollar: Current Situation & Projections For Its Future (+2K Views)

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…A large chunk of U.S. companies’ business takes place abroad, and fluctuations in dollar strength affect their profits in a variety of ways…and have a profound impact on how trade is done globally…[Below is a] highly informative infographic from Fortunly…on the current state of the greenback. It will also provide you with a short history of the currency and some projections for the future. Enjoy!

The almighty dollar is still the currency of choice in most of the world’s markets, with 65% of all dollars in circulation outside of the U.S.A. …and high exchange rates for the dollar have a profound impact on how trade is done globally, with the world economy depending on the American currency now more than ever…

Below is an infographic on all you need to know about the rising USD:

Editor’s Note:  The above post is taken from the original article by Mila Bera and has been edited ([ ]) and abridged (…) for the sake of clarity and brevity.  The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.  Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.

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